PFM Stock Summary and Trading Ideas (Invesco Dividend Achievers ETF | NASDAQ:PFM)

The Invesco Dividend Achievers ETF (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend Achievers Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

Invesco Dividend Achievers ETF trades on the NASDAQ stock market under the symbol PFM.

As of January 3, 2025, PFM stock price climbed to $45.96 with 12,813 million shares trading.

PFM has a beta of 0.70, meaning it tends to be less sensitive to market movements. PFM has a correlation of 0.72 to the broad based SPY ETF.

PFM has a market cap of $705.53 million. This is considered a Small Cap stock.

In the last 3 years, PFM traded as high as $48.28 and as low as $31.91.

PFM has underperformed the market in the last year with a return of +18.0%, while the SPY ETF gained +27.8%. In the last 3 month period, PFM fell short of the market, returning +0.1%, while SPY returned +4.6%. However, in the most recent 2 weeks PFM has outperformed the stock market by returning +0.3%, while SPY returned +0.1%.

PFM support price is $45.39 and resistance is $46.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PFM shares will trade within this expected range on the day.